LOUDOUN EDUCATION FOUNDATION INC

EIN: 541603768 501(c)(3) Philanthropy & Grantmaking

ASHBURN, VA

Total Revenue
$3,558,081
Total Expenses
$3,348,567
Total Assets
$2,430,704
Net Assets
$2,172,792
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
VA
Principal Officer
CAROLE ADOLPHE
Phone
5712521102
Tax Period
2024-07-01 to 2025-06-30

LOUDOUN EDUCATION FOUNDATION INC, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $3.3M left a modest 6% surplus.

Mission

TO INVEST COMMUNITY RESOURCES IN EDUCATIONAL PROJECTS THAT ENCOURAGE STUDENTS, TEACHERS, AND ADMINISTRATORS OF LOUDOUN COUNTY PUBLIC SCHOOLS TO SEEK EDUCATIONAL EXCELLENCE AND TO CELEBRATE THOSE INDIVIDUALS THAT ACHIEVE SUCH EXCELLENCE.

Program Service Accomplishments

Program 1
Expenses: $2,446,887

GRANT PROGRAMS: ALL EXPENSES INCURRED TO PROVIDE GRANTS TO TEACHERS, ADMINISTRATORS, AND PARENT SUPPORT ORGANIZATIONS FOR INNOVATIVE ACADEMIC PROJECTS. GRANTS AWARDED INCLUDE (1) CLASSROOM GRANT...

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GRANT PROGRAMS: ALL EXPENSES INCURRED TO PROVIDE GRANTS TO TEACHERS, ADMINISTRATORS, AND PARENT SUPPORT ORGANIZATIONS FOR INNOVATIVE ACADEMIC PROJECTS. GRANTS AWARDED INCLUDE (1) CLASSROOM GRANT AWARDS TO TEACHERS TO SUPPLEMENT AND/OR ENHANCE THE STANDARD CURRICULUM AND ORDINARY TEACHING METHODS; (2) MULTI-CULTURAL GRANTS TO ASSIST SCHOOL IMPLEMENT PROGRAMS ON MULTICULTURAL EDUCATION, TARGETED PRIMARILY TOWARDS STUDENTS TO HELP THEM BETTER UNDERSTAND AND EMBRACE DIVERSITY; (3) PARENT SUPPORT GROUP GRANTS AVAILABLE TO PTO, PTA, AND OTHER PARENT SUPPORT GROUPS TO REWARD OR PROMOTE ACADEMIC ACHIEVEMENT; AND (4) SPECIAL PROGRAM GRANTS OUTSIDE OF THE NORMAL GRANT APPLICATION CYCLE FOR SPECIALIZED PROGRAMS SUCH AS ART PURCHASE AWARDS, SOCIAL SCIENCE FAIR AWARDS, AND SUMMER SCHOOL GRANTS.

Program 2
Expenses: $50,198

RECOGNITION FUNCTIONS: ALL EXPENSES INCURRED TO RECOGNIZE EXCELLENCE IN EDUCATION AND OUTSTANDING TEACHERS IN LOUDOUN COUNTY. RECOGNITION FUNCTIONS PRIMARILY INCLUDE (1) THE ANNUAL EXCELLENCE IN...

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RECOGNITION FUNCTIONS: ALL EXPENSES INCURRED TO RECOGNIZE EXCELLENCE IN EDUCATION AND OUTSTANDING TEACHERS IN LOUDOUN COUNTY. RECOGNITION FUNCTIONS PRIMARILY INCLUDE (1) THE ANNUAL EXCELLENCE IN EDUCATION BANQUET HONORING LOUDOUN COUNTY'S TOP ACADEMIC HIGH SCHOOL PERFORMERS AND (2) THE OUTSTANDING TEACHERS BANQUET HONORING LOUDOUN COUNTY TEACHERS NOMINATED FOR THE WASHINGTON POST'S AGNES MEYER OUTSTANDING TEACHER AWARD.

Program 3
Expenses: $80,514

SCHOLARSHIPS: ALL EXPENSES INCURRED TO PROVIDE SCHOLARSHIPS TO STUDENTS, TEACHERS, AND CLASSIFIED EMPLOYEES IN LOUDOUN COUNTY. SCHOLARSHIP PROGRAMS INCLUDE (1) FUTURE EDUCATOR SCHOLARSHIPS FOR...

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SCHOLARSHIPS: ALL EXPENSES INCURRED TO PROVIDE SCHOLARSHIPS TO STUDENTS, TEACHERS, AND CLASSIFIED EMPLOYEES IN LOUDOUN COUNTY. SCHOLARSHIP PROGRAMS INCLUDE (1) FUTURE EDUCATOR SCHOLARSHIPS FOR LOUDOUN COUNTY PUBLIC HIGH SCHOOL SENIORS, (2) TEACHER SCHOLOARSHIPS FOR CURRENT LOUDOUN COUNTY PUBLIC SCHOOL TEACHERS SEEKING ENDORSEMENTS IN CRITICAL TEACHING SHORTAGE AREAS, AND (3) CLASSIFIED SCHOLARSHIPS FOR LOUDOUN COUNTY PUBLIC SCHOOL CLASSIFIED PERSONNEL TO FURTHER THEIR EDUCATION.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,284,816
Program Service Revenue $0
Investment Income $130,019
Other Revenue $143,246
TOTAL REVENUE $3,558,081

Expense Breakdown

Grants Paid $2,525,084
Salaries & Benefits $445,012
Fundraising Expenses $0
Program Expenses $2,818,790
Other Expenses $378,471
TOTAL EXPENSES $3,348,567

Year-over-Year Comparison

2024 2023 Change
Revenue $3,558,081 $2,320,076 +0.5%
Expenses $3,348,567 $3,085,913 +0.1%
Net Income $209,514 $-765,837 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
6
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$97,808
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN FREDERICKSON PRESIDENT 2.00
Officer Director
$0 $0 $0
MICHAEL PERHAM VICE PRESIDE 1.00
Officer Director
$0 $0 $0
MYSHEL GUILLORY TREASURER 1.00
Officer Director
$0 $0 $0
TRACEY FITZSIMMONS SECRETARY 1.00
Officer Director
$0 $0 $0
CAROLE ADOLPHE TRUSTEE 0.50
Director
$0 $0 $0
AMIN BHAT TRUSTEE 0.50
Director
$0 $0 $0
KELLY BLANKS TRUSTEE 0.50
Director
$0 $0 $0
GRAFTON DEBUTTS TRUSTEE 0.50
Director
$0 $0 $0
BRIAN DIEMAR TRUSTEE 0.50
Director
$0 $0 $0
ANNE DONOHUE TRUSTEE 0.50
Director
$0 $0 $0
RUSTY FOSTER TRUSTEE 0.50
Director
$0 $0 $0
JOE MAY TRUSTEE 0.50
Director
$0 $0 $0
SUSAN MITCHELL TRUSTEE 0.50
Director
$0 $0 $0
MATTHEW NIEMAN TRUSTEE 0.50
Director
$0 $0 $0
DORRI O'BRIEN TRUSTEE 0.50
Director
$0 $0 $0
LYNN RUBIN TRUSTEE 0.50
Director
$0 $0 $0
KYLE SANDERS TRUSTEE 0.50
Director
$0 $0 $0
DAISY SAULLS TRUSTEE 0.50
Director
$0 $0 $0
WADE TETSUKA TRUSTEE 0.50
Director
$0 $0 $0
AARON SPENCE TRUSTEE 0.50
Director
$0 $0 $0
DANIELLE NADLER EXECUTIVE DI 40.00
Officer
$97,808 $0 $97,808
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,558,081 $3,348,567 $2,430,704 $209,514
2024 $2,320,076 $3,085,913 $2,016,872 $-765,837
2023 $2,559,485 $3,770,567 $2,641,084 $-1,211,082
2022 $5,193,618 $4,369,959 $3,829,571 $823,659
2021 $1,974,969 $1,687,836 $3,188,401 $287,133
2020 $1,257,534 $2,187,466 $2,899,340 $-929,932
2020 $1,227,606 $2,184,837 $2,807,162 $-957,231
2019 $4,850,987 $2,295,775 $3,817,999 $2,555,212
2018 $1,089,095 $900,081 $1,179,466 $189,014
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